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Wall Street gives up earlier gains as hopes wane for tariff delays, deals
Wall Street indexes fluctuated on Tuesday as hopes for tariff delays faded ahead of a looming deadline. Despite an initial rally, stocks wavered after the White House confirmed tariffs would proceed, causing investors to lose confidence. The Dow Jones Industrial Average rose, while the S&P 500 saw marginal gains, and the Nasdaq Composite declined, reflecting market uncertainty.
Nasdaq, S&P 500 turn negative as China tariffs pose challenge; Dow Jones pares gains
Wall Street experienced volatile trading following the U.S.'s increased tariffs on China, initially rallying before paring gains. Technology stocks rebounded, led by Nvidia and Microsoft, while financials also saw significant increases. Despite the day's gains, major indexes remain down from pre-tariff levels, with concerns about inflation and global growth influencing expectations for Federal Reserve interest-rate cuts.
Market Trading Guide: GMR Airports, UNO Minda are among 4 stock recommendations for Wednesday
Taking positive global cues, the Indian frontline indices ended with strong gains on Tuesday. Buying action was seen across sectors with heavyweight sectors like BFSI, auto, IT and FMCG firing on all cylinders. The BSE Sensex surged by 1089.18 points or 1.49% to 74,227.08, while the Nifty gained 374.25 points or 1.69% to end the day at 22,535.85.Commenting on the day's action, Vatsal Bhuva, Technical Analyst at LKP Securities said that a mild rebound has followed on Tuesday after the Nifty slipped below its 20-day EMA, though finding a strong support near 21,800 and forming a bullish belt hold candlestick. "A mild rebound followed on Tuesday, supported by a positive RSI divergence, suggesting a possible move toward the 22,950–23,000 zone, where the 20-day EMA lies. A breakout above 23,200 (20-week EMA) could confirm a bullish trend, while a close below 21,800 may signal further weakness. Meanwhile, India VIX above 20 points to heightened volatility ahead due to global uncertainties and the RBI policy meet," Bhuva said. Here are 4 stock recommendations for Wednesday:
European shares notch best session since Nov. 2022 after tariff-sparked pullback
European shares rebounded from recent lows as investors reacted to the ongoing trade tensions and potential counter-tariffs. The STOXX 600 index experienced a significant increase, driven by gains in various sectors, including defense, financials, and healthcare. While concerns about a global recession persist, analysts suggest European equities remain attractive due to valuations and potential stimulus measures.
British stocks FTSE 100 notch strongest session since 2022 on hopes for tariff negotiations
British stocks rebounded strongly on Tuesday, fueled by hopes of softened U.S. import tariffs, with the FTSE 100 experiencing its largest daily increase since March 2022. Finance Minister Rachel Reeves is set to meet with the U.S. Treasury Secretary amid discussions for a new economic partnership aimed at reducing tariff levies. However, uncertainty remains due to ongoing U.S.
Two Trades for Today: An airline major for over 5.5% rise, a mid-cap diversified stock for 6% upmove
Technical analysis identifies select stocks that may gain momentum even in volatile markets. Picks by the technical charts today.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian equity markets rebounded on Tuesday with the Sensex rising 1,089.18 points and the Nifty gaining 374.25 points, buoyed by bargain buying, positive global cues, and easing trade tensions. Analysts await the RBI policy decision amid currency concerns.
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Wall Street slide nets short sellers $127 bln
Short sellers targeting U.S. companies have gained $127 billion on paper from April 2 through Monday after President Donald Trump's sweeping tariffs sparked a sharp selloff in stocks, according to data and analytics company Ortex Technologies.
US Steel shares jump 16%, hit 52-week high after Trump orders new security review of Nippon Steel bid
Shares of U.S. Steel are hitting a 52-week high after President Donald Trump ordered a new national security review of Nippon Steel's proposed bid to buy U.S. Steel for nearly $15 billion.
Vodafone allots 3,695 crore equity shares worth Rs 36,950 crore to government of India
Vodafone Idea has allotted ₹36,950 crore worth of equity shares to the Government of India, raising its stake to 48.99%, following the conversion of deferred spectrum dues into equity. Sebi exempted compliance rules for this move, citing public interest.
Tech stocks Tesla, Nvidia lead Wall Street's rebound with a rally of up to 8%
US technology stocks rebounded strongly, fueled by optimism surrounding potential tariff negotiations, with Nasdaq surging 3%. Nvidia and Tesla led the gains, while Amazon and Apple also saw significant increases. This rally follows a sharp market downturn triggered by concerns over trade tensions and potential economic consequences. Investors are closely monitoring developments in trade discussions for further direction.
Sebi issues advisory on use of '1600' number series for investor calls to curb securities market fraud
Sebi has directed all regulated entities to use the ‘1600’ phone number series for service and transactional calls to existing customers, aiming to curb financial fraud and enhance investor protection. This move follows TRAI guidelines for safer communication.
Health insurance stocks soar after boost to Medicare reimbursement rates
Shares of U.S. health insurers jumped on Tuesday after a bigger-than-expected increase in the government's reimbursement rates for Medicare Advantage plans in 2026 signaled some relief for a sector burdened with steep medical costs.
Dow Jones soars 900 points, Nasdaq, S&P up over 2% on hopes of tariff talks
Wall Street's main indexes opened sharply higher on Tuesday after a bruising selloff that has wiped out trillions of dollars since last week, as investors await any sign of the U.S. opening up for negotiations over some of the aggressive tariffs.
Two Sharp with Et: Sensex bounces 1,000+ pts on 5 key triggers | Will RBI deliver 25 bps rate cut
In today’s Two Sharp with ET, we unpack the surprise rebound in Indian markets and what’s driving investor optimism.The Sensex climbs over 1,000 points, Nifty crosses 22,500 — but is it sustainable?And in our second Topic, all eyes on the RBI. With the rupee sliding and Trump’s tariffs raising recession risks, will the central bank deliver a 25 bps rate cut tomorrow?Nisha Poddar brings you the 360° on markets, monetary policy, and what’s next.
Here’s how to access your demat holdings in Digilocker
Starting April 1, 2025, investors can access demat and mutual fund holdings via DigiLocker, following SEBI’s initiative to reduce unclaimed assets and streamline account management through digital integration.
